Your business is considering the graphic design market in the Free State, which is worth about R496,000. This market is relatively small and not growing, with zero year-over-year growth. It's also quite uncrowded, with only one supplier currently operating in this space, serving one department. The good news is that there's a strong favour towards businesses with a high black ownership percentage, with about 92% of the allocation going to these organisations. If I were you, I'd focus on ensuring your B-BBEE level is as high as possible, particularly in terms of black ownership, to increase your chances of securing contracts in this market.
R496K
1
1
R496K
Supplier Type Allocation
EME (< R10M)
0%
QSE (R10-50M)
0%
GE (> R50M)
0%
BEE Allocation
92.3%
18.0%
15.8%
0.0%